Cumberland Partners Ltd Lowers Stake in Vanguard Short-Term Corporate Bond ETF $VCSH

Cumberland Partners Ltd trimmed its stake in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) by 23.2% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 24,800 shares of the company’s stock after selling 7,500 shares during the period. Cumberland Partners Ltd’s holdings in Vanguard Short-Term Corporate Bond ETF were worth $1,972,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Prudential PLC increased its stake in shares of Vanguard Short-Term Corporate Bond ETF by 9.7% during the first quarter. Prudential PLC now owns 20,869,611 shares of the company’s stock valued at $1,647,447,000 after buying an additional 1,844,380 shares during the period. Nepc LLC lifted its position in shares of Vanguard Short-Term Corporate Bond ETF by 15.7% during the first quarter. Nepc LLC now owns 4,864,970 shares of the company’s stock valued at $384,041,000 after buying an additional 658,773 shares during the last quarter. LPL Financial LLC boosted its holdings in shares of Vanguard Short-Term Corporate Bond ETF by 6.1% in the 1st quarter. LPL Financial LLC now owns 3,237,616 shares of the company’s stock valued at $255,577,000 after buying an additional 185,476 shares in the last quarter. Goldman Sachs Group Inc. grew its holdings in Vanguard Short-Term Corporate Bond ETF by 4.4% in the first quarter. Goldman Sachs Group Inc. now owns 3,224,830 shares of the company’s stock worth $254,568,000 after purchasing an additional 135,207 shares during the last quarter. Finally, The Manufacturers Life Insurance Company boosted its holdings in Vanguard Short-Term Corporate Bond ETF by 8.9% in the first quarter. The Manufacturers Life Insurance Company now owns 2,722,148 shares of the company’s stock worth $214,886,000 after acquiring an additional 221,426 shares in the last quarter.

Vanguard Short-Term Corporate Bond ETF Price Performance

Shares of VCSH stock opened at $79.70 on Thursday. Vanguard Short-Term Corporate Bond ETF has a fifty-two week low of $77.58 and a fifty-two week high of $80.15. The stock’s 50-day simple moving average is $79.86 and its 200-day simple moving average is $79.42.

Vanguard Short-Term Corporate Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, November 5th. Shareholders of record on Monday, November 3rd were given a $0.2974 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.5%. This is an increase from Vanguard Short-Term Corporate Bond ETF’s previous monthly dividend of $0.29. The ex-dividend date was Monday, November 3rd.

Vanguard Short-Term Corporate Bond ETF Company Profile

The Vanguard Short-Term Corporate Bond ETF (VCSH) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-weighted index of investment-grade, fixed-rate corporate bonds with maturities between 1 and 5 years. VCSH was launched on Nov 19, 2009 and is managed by Vanguard.